Henkel Corporation Moving to Stamford, Will Create Hundreds of Jobs

STAMFORD, CT—Germany-based Henkel Corporation announced it will locate its laundry and home care and beauty care headquarters from Arizona to Stamford.

The company plans on expanding a $50 million project that will create up to 266 new jobs in the state.

“Henkel and Connecticut have been partners in economic development since 1997, when Henkel acquired Loctite Corporation,” said Jens-Martin Schwaerzler, president of Henkel Consumer Goods Inc. North America. “The expansion of our operations and footprint in Connecticut is a testament to this partnership and to the great economic climate, making it attractive to any growing business.”

Earlier this year, the company announced the acquisition of the Wilton-based The Sun Products Corporation, a leading manufacturer and marketer of laundry care products.

The company will participate in the state's First Five Plus Program, which provides a 10-year $20 million low interest loan. The company will also be eligible for up to $5 million in tax credits.

“When an international company of Henkel's stature decides to relocate to our state, expand its operations, and create hundreds of new jobs, it sends a message to the rest of the world that Connecticut is serious about working with companies to grow, generate capital investment, and strengthen our economy for the residents of our state,” Governor Dannel Malloy said.

The relocation is expected to begin in the second quarter of 2017.

As part of the project, Henkel is committed to retaining the combined jobs from its former Sun Products facilities, as well as its North American headquarters and Adhesive Technologies General Industries division in Rocky Hill.

Stamford Mayor David Martin said the decision is an indicator of positive business environment.

"The City of Stamford has taken steps over the last few years to create a business climate that attracts companies like Henkel," he said. "I look forward working with them as a corporate citizen for years to come.”